Donalds Blames Climate Studies For Insurance Costs
Florida Politics reports:
U.S. Rep. Byron Donalds continues to weigh in on Florida’s insurance market as he runs for Governor, now suggesting that foreign companies and “climate change” analyses are partially to blame for high costs for homeowners.
“A lot of these reinsurance companies, a lot of them who are out of Europe, they’ve been trying to price in climate change risk, which is almost impossible to quantify, but that’s been in the calculations for how insurance companies have to stabilize their portfolios and their risk,” Donalds said on Rich Valdes’ “America at Night.”
The phrase “climate change” has been one that has dogged the current Governor. Gov. Ron DeSantis signed legislation last year striking it from state law.
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